Thorough Bookkeeping Is Very Essential
Quickly buying back the crypto is a key part of the equation. If timed correctly, buying the dip enables investors to catch the ride back up, if the price of the digital coin rebounds.
But be caution that thorough bookkeeping is essential.
Be warned, “Without detailed records of your transaction and cost basis, you cannot substantiate your calculations to the IRS”.
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Passionate about crypto Trading since 2015 M.Sc. Chemical engineering Soon Ph.D. Computer science
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